Indian Head Nickel

I want to provide you with information on this historic coin even though it contains no silver. A small number of them can be quite valuable plus the images appearing on the obverse and reverse are among the best of any U.S. coin. Designed by James Earle Fraser (his initial F appears beneath the date) the nickel was struck from 1913 through 1938. A total of three U. S. Mints were involved in the production of the Buffalo Nickel: Denver; Philadelphia; and San Francisco.

Indian Head Nickel 1935 Value

Indian Head Nickel

Indian Head Nickels - Facts and Details

From its inception, the coin was referred to as the 'Buffalo nickel', reflecting the common name for the bison. The numismatic publication with the greatest circulation, Coin World, calls it an Indian head nickel, while R.S. Yeoman's Red Book refers to it as 'Indian Head or Buffalo'. Jefferson nickel (1938–present). The V-Nickel, sometimes referred to as the Liberty Head Nickel, gets its V-Nickel name from the coins reverse design. These five-cent pieces were minted for circulation by the U.S. Mint from 1883 to 1913. Like other coin types, V-Nickel values can vary significantly based on condition and date. What is a Buffalo Nickel Worth? The value of these nickels will change as there are several years and conditions available. Some Buffalo Nickels are worth more than others, but you must consider several factors including key dates, condition, rarity, grade, and circulation. Some key dates for these nickels include 1913-S Type 2, 1915-S, 1918-D. The Indian Head design actually depicts Liberty. The obverse design on the 1859-1909 Indian Head cents actually represents Liberty wearing an Indian headdress with a band inscribed liberty, not an actual Native American. The reverse of the 1859 Indian Head cent features a wreath of laurel leaves encircling the inscription one cent.

This popular U.S. coin features the image of an Indian chief on the obverse - reportedly a composite head of chiefs Iron Tail, Two Moons and John Big Tree. The reverse features the image of an American Buffalo - assumed to be that of Black Diamond (a famous buffalo once a resident of the New York Zoological Gardens. The mint mark is on the reverse side below the buffalo and just under 'FIVE CENTS'. Mint marks are 'D' for Denver and 'S' for the San Francisco Mints. If no mint mark appears, it was minted in Philadelphia. Click on images for a larger view.

The Philadelphia mint produced more of these nickels in any given year than the Denver and San Francisco mints combined. The five highest mintage (most common) Buffalo nickels, all from Philadelphia are:
1936 - 118,997,000; 1937 - 79,840,000; 1920 - 63,093,000; 1919 - 60,868,000; 1935 - 58,264,000
The lowest mintage (least common) Buffalo nickels are all from the San Francisco mint. If you have any of the coins listed below and they are in decent condition, I would suggest you get an estimate of worth either from a few dealers at a coin show or from one or more local coin shops.
1926S - 970,000; 1931S - 1,200,000; 1913S* - 1,209,000; 1924S - 1,437,000; 1915S - 1,505,000
It should be noted that no nickels were produced in 1922. In 1938 only the Denver mint was producing Buffalo nickels (total of 7,020,000) as the Jefferson nickel was taking its place. A total of 28,977,000 Jefferson nickels were produced by all three mints in 1938. These are not rare.
*One variation of the 1913S is quite rare and could net you at least a few hundred dollars.

Buffalo Error Coins

Error coins are mistakes usually made by mint employees and/or the equipment they are using. There are a few Buffalo error coins that can be worth anywhere from a few hundred to a few thousand dollars. Probably the most famous one being the 1937D three-legged buffalo. The Denver mint released an unspecified number of Buffalo nickels in 1937 with one of the buffalo's front legs missing. Even in somewhat worn condition, it is worth a few hundred dollars.

The most valuable Buffalo error coin is the 1916 Double Die Obverse minted in Philadelphia. What this fancy term means is that the coin was double stamped on the obverse with the second stamping not quite matching the location of the first thereby creating a shadow on the 6. Worth a few thousand even in somewhat worn condition.

A more common situation with error coins is where a date number is over-stamped with another number. This true of the 1918D nickel where the 8 was stamped over the original 7. Worth several hundred dollars depending on condition. Another is the 1914 nickel where a 4 was stamped over the original 3. Worth at least a few hundred unless extremely worn.

If you have any of the above coins, I encourage you to get them evaluated by a precious metals professional. Not a pawn shop, not a jewelry store but someone who is a coin professional.

Indian Head Nickel

My Small Success Story

Whenever I receive change containing nickels, I always check them over to see if there are any WW II nickels. Issued from 1942-1945, these are the only U.S. nickels to contain silver - just a small amount (.0563 troy ounces) but enough to set aside and save. Imagine my surprise to receive a 1917S Buffalo nickel from a casino redemption machine (click on images for a larger view of this coin). The San Francisco nickels tend to be worth more as the mintage numbers are low - this one being 4,193,000. Not that rare but I ended up selling it on eBay for $25.00. Not a bad return. So keep your eyes open for such opportunities.


Disclaimer:

Indian Head Nickels For Sale

I have made every reasonable effort to produce an informative and helpful article on Buffalo nickels based on my research and experiences. However, I make no representation or warranties of any kind with regard to its completeness, accuracy or suitability for any specific situation or purpose. See Terms and Conditions for more info.

Indian Head Nickel Coins Value

Copyright © 2021 Silver Investing Simplified - Buffalo Indian Head Nickels

Chris D. writes: We would like to know if the indian on the Indian head/Buffalo nickel was modeled on a real person, and if so, who it was. Thank-you very much.

The Indian on the Indian Head or Buffalo Nickel (1913-1936) is a composite portrait of Three Indian Chiefs – Iron Tail, the Chief that faced General Custer at the battle of Little Big Horn, Two Moons and John Big Tree. The idea was to create a Native American portrait but not to associate the facial features with any specific tribe. The reverse of the coin shows a bison, often called a “buffalo”, thought to be “Black Diamond” from the Bronx Zoo.

This was the second time that a Native American portrait has appeared on a U.S. coin (the first is on the 1908 gold $2.5 and $5 gold coins). Note that the third instance of a Native American to appear on a United States coin is on the current dollar coin. It features the portrait of Sacagawea, the young Indian guide that helped the Louis and Clark Expedition find their way through the Louisiana Territory.

Indian Head Nickel 1935